Mortgage Application – mymortgages.ie

Westmeath Independent: “Government urged to extend Help to Buy scheme”

by MyMortgagesUncategorisedBPFI, buying a home mortgage, Cash-back mortgage, Central Bank, First time buyer, Government financial support scheme, Help to Buy (HTB), Mortgage Application, Westmeath

27/07/19

17Jul

Irish Construction Industry Magazine: Strong Upward For Housing

by MyMortgagesMediaCentral Bank, Mortgage Application, mortgage assistance, Mortgage Broker Cork, Mortgage Broker Dublin, Switcher Mortgage

The CSO Quarter 1 2019 new dwellings completion report confirms a strong upward trend across all housing construction activity data sets.

“While it is important to continue our efforts to ensure that this trend is maintained and even further improved, it is encouraging to see today’s results,” says Housing Minister Eoghan Murphy.

“In order to properly address homelessness” he continues, “affordability and the challenges in housing, we need to fix supply. These numbers show that this is happening.

15Jul

Irish Examiner: Mortgage Expert: Extend Help-To-Buy

by MyMortgagesMediabuying a home mortgage, First time buyer, First Time Home Buyer, first-time buyers, Mortgage Application, mortgage assistance, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

The help-to-buy scheme should be extended “sooner rather than later” to help first-time buyers being priced out, a mortgage expert has said.

Joey Sheahan of MyMortgages.ie was speaking as a report from EY and DKM showed nearly half of all counties in the Republic are now unaffordable for first time buyers on an average income.

15Jul

Irish Examiner: Dramatic fall off’ in first-time buyers if Help-to-Buy scheme not extended, expert warns

by MyMortgagesMediaFirst time buyer, First Time Home Buyer, Mortgage Application, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin

There will be a “dramatic fall off” in first-time buyers entering the market next year if the Help-to-Buy scheme is not extended.

That was the stark warning from the head of credit at MyMortgages.ie, Joe Sheahan, who was responding to the latest Central Statistics Office (CSO) figures on house prices.

While house prices continue to ease with the annual rate of increase in May now the lowest in six years, prices increased by 2.8% nationally in the year to May, compared to a 3% increase in the year to April.

15Jul

The Times: “Irish fork out €150 more each month on mortgages than Europeans”

by MyMortgagesUncategorisedBanking and Payments Federation Ireland (BPFI), buying a home mortgage, central bank lending rules, Department of Finance, eurozone rate, homebuyer, Ireland’s mortgage rates, Mortgage Application, Mortgage Interest Rates, Mortgage lender, Switch lender, Switcher Mortgages

Paul O’Donoghue

Irish consumers pay an average of more than €150 each month on their mortgages compared with their European peers because of high interest rates, an expert has said.

07Jun

The Irish Examiner: 20% of properties sold to big investors

by MyMortgagesUncategorisedMortgage Application, mortgage assistance, Mortgage broker, Mortgage Broker Cork, Mortgage Broker Dublin, Mortgage lender, mortgage rates, Mortgages Dublin, Mortgages Ireland

One-fifth of all property sales in the first quarter of 2019 were to large international investors and real estate investment trusts. A new report from the Banking and Payments Federation Ireland (BPFI) shows the extent to which investors are impacting on the private housing market in Ireland.

05Jun

Irish Independent: Your Questions ‘We can’t meet the full mortgage payments – can we sell to our son?’

by MyMortgagesUncategorisedapply for a mortgage, Capital Acquisitions Tax (CAT)., Mortgage Application, Mortgage broker, mortgage-to-rent scheme, personal finance, personal insolvency practitioner (PIP).

Charlie Weston

Q Both my wife and I are social welfare pensioners, and we are paying interest-only repayments on our home mortgage. We re-mortgaged the house to keep our business going in 2005, but the business failed in 2013. We recently exited insolvency, and the only outstanding debt is a mortgage of €216,000 on the family home.